The only free news source for serious moves across finance

#ai

Latest news tagged with #ai

REG

US Jobless Rate Uptick May Be Insignificant, CEA’s Yared Says

Pierre Yared, acting chair of the White House Council of Economic Advisers, reacts to the November jobs report on "Bloomberg Open Interest.

Pierre Yared, acting chair of the White House Council of Economic Advisers, reacts to the November jobs report on "Bloomberg Open Interest." Nonfarm payrolls increased 64,000 in November after declining 105,000 in October, according to Bureau of Labor Statistics data. The unemployment rate was 4.6% last month, up from 4.4% in September. (Source: Bloomberg)
Bloomberg PoliticsDec 16, 3:01 PM
CAP

JPMorgan's Anu Aiyengar on Global M&A Trends in 2026

JPMorgan Global Head of Advisory and M&A Anu Aiyengar speaks about global M&A trends in 2026 on Bloomberg Surveillance with Bloomberg's Lisa Abramowicz and Damian Sassower.

JPMorgan Global Head of Advisory and M&A Anu Aiyengar speaks about global M&A trends in 2026 on Bloomberg Surveillance with Bloomberg's Lisa Abramowicz and Damian Sassower. (Source: Bloomberg)
Bloomberg MarketsDec 16, 2:57 PM
MA

Prosperity Bancshares to Acquire Southwest Bancshares in Strategic Merger Valued at $72.83 per Share

Prosperity Bancshares, Inc. has proposed a merger with Southwest Bancshares, Inc., in a move that will consolidate their market presence in Texas banking. The deal will see SWBI shareholders receive Prosperity shares valued at $72.83 each, pending shareholder approval on January 22, 2026.

In a significant corporate action, Prosperity Bancshares, Inc. (NYSE: PB) has entered into a merger agreement with Southwest Bancshares, Inc. (SWBI), aimed at enhancing their competitive edge in the Texas banking sector. This merger, announced on September 30, 2025, is set to create a larger entity with a more extensive market footprint. The merger will involve the consolidation of SWBI into Prosperity, with Prosperity emerging as the surviving corporation. Following this initial merger, Texas Partners...
USFMDec 16, 2:24 PM
CAP

Treasuries Fluctuate After Weak US Jobs Data Maintains Rate Bets

In volatile trading Treasuries erased gains sparked when the US November unemployment rate exceeded estimates, leaving the door open for further Federal Reserve interest-rate cuts in 2026.

In volatile trading Treasuries erased gains sparked when the US November unemployment rate exceeded estimates, leaving the door open for further Federal Reserve interest-rate cuts in 2026.
Bloomberg MarketsDec 16, 1:56 PM
CAP

EU Carbon Extends Rally to Two-Year High as Bullish Bets Build

European Union carbon futures extended a rally to the highest in more than two years as funds remain bullish due to the outlook for tighter supplies, adding to costs for generating electricity.

European Union carbon futures extended a rally to the highest in more than two years as funds remain bullish due to the outlook for tighter supplies, adding to costs for generating electricity.
Bloomberg MarketsDec 16, 1:01 PM
CAP

Citadel Leaves Chicago Tower as City Alarmed by ‘Job Killer’ Tax

Citadel is shrinking its footprint in Chicago three years after billionaire owner Ken Griffin left for Florida, moving the company’s remaining operations in the city out of the downtown tower that was named for it, according to people familiar with the matter.

Citadel is shrinking its footprint in Chicago three years after billionaire owner Ken Griffin left for Florida, moving the company’s remaining operations in the city out of the downtown tower that was named for it, according to people familiar with the matter.
Bloomberg MarketsDec 16, 1:00 PM
REG

Bessent Says More Fed Interviews This Week, Sees News in January

Treasury Secretary Scott Bessent said there are one or two more interviews this week for the next chair of the Federal Reserve, with a likely announcement by President Donald Trump sometime in early January.

Treasury Secretary Scott Bessent said there are one or two more interviews this week for the next chair of the Federal Reserve, with a likely announcement by President Donald Trump sometime in early January.
Bloomberg PoliticsDec 16, 12:56 PM
REG

Bessent Sees One or Two More Fed Chair Interviews This Week

Treasury Secretary Scott Bessent said there are one or two more interviews this week for the next chair of the Federal Reserve, with a likely announcement by President Donald Trump sometime in early January.

Treasury Secretary Scott Bessent said there are one or two more interviews this week for the next chair of the Federal Reserve, with a likely announcement by President Donald Trump sometime in early January.
Bloomberg PoliticsDec 16, 12:56 PM